EURUSD short analysisHere are my thoughts on EURUSD on the hourly time frame.
Sorry i don't use indicators. Only price action to verify my trades.
What are your thoughts. Kindly share them below
Newyourksession
NAS100 TRADE IDEANASDAQ indices ended the last trading week with +2.0%. NASDAQ is expect to have a strong bearish trend before returning to the Bullish trend.
XAU/USD GoldHello everyone,
Today I'm posting this idea, for me it a 4 + Reward.
On daily and weekly frames, gold hit the top of fibbonaci level.
On daily we have already a short candle.
I m already entered in this trade and I'm waiting the new york session, in my opinion that will be the most volatile movement and we can expect testing the next support line around 1600 -1596 but for me this is the long term trade but you can close with a lot of profit for today.
In my opinion after the GOLD will test that area we can go on long and he can reach 1700 for sure but also we must be patience.
A short recap:
I entered in this trade at 1654 but you can enter now, it ok, you still can take a lot of profits.
My TP it is at 1602 and my SL it is at 1660.
I'm trying to build up a community for long term investment with free education and free ideas and trades let me know if you want to be a part of it !
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Eurgbp buy opportunitywe had a massive rally up during the Europe session, market is currently in a pullback mode. im looking for a buy setup .
Buy opportunity on EURUSDYesterday we saw our L2 push on EU. Today I am expecting the cycle to continue with its L3 push long. Because we are in L2, be ready to trade both ways. L2 is also where resets are most common. Use the DXY to gauge the direction.
#thepowerof3s
#reactdontpredict
EurJpy Shorts BreakoutTrend is down since beginning of week
Beautiful market structure, drop base drop, over and over
clear break bears in control after high tf strong bear close outside zone ready for another push with NY/London cross volume
USDJPY LONGGoing long after the False move in the beginning of NY session!, Bouncing off the Ema's, Trend line Support! Lets see what happens!
USDJPY Crucial activityI've been watching the pair recently and have noticed that we are in a zone where it is demonstrating crucial price action. It is ranging around the Summer Lows resistance and Mid Month support. Although it closed above the summer lows resistance it seemed to have opened below the price and have been within that range for the day.
A break below the Mid month support could send the pair back into its most recent bear trend.
Im planning on taking a low risk position
Enter @ (Close) 118.275
Stop @ Daily Trend Breakout (Green Arrows)
Target @ 117.387 (Last Weeks High)
Where is EURGBP heading?Looking at the 200ema, its clear that the market is in a very strong uptrend. There are few pull backs but still ithe market does not look to reverse any time soon. I am take a long trade on this targeting 30 pis. I have a good feeling abou this.
New York Session Watch USDCADUSD/CAD is consolidating and is trading in a tighter range as time passes. The long term trend for USD/CAD is still up as the price remains above the 100 period moving average and the 200 period moving average but over the short term horizon, the trend is flat as we could see through the flat short term moving averages coupled with the flat Tenken-sen and Kijun-sen. The volatility in this market isn't too low to trade as we could see through the Average True Range (ATR) indicator and the width of the Bollinger Band which could lead to a strong breakout or breakdown in today's New York session. If the price breaks out of this consolidation, it could possibly surge higher and resume its long term up trend while a breakdown will provide some selling opportunities in today's New York session and the 1.1090 support level could serve as a target for sellers.
